Wealthcam

NIFTY again got rejected from demand zone! getting weaker..?

NSE:NIFTY   Indeks Nifty 50
As we can see NIFTY again got rejected from our demand zone which we have made earlier and the zone 17250-17300 has been acting as a important zone of inflexion and this level has been already tested multiple times making it weaker hence if NIFTY fails to sustain itself above given level then we can see a big fall as we can see a head and shoulders pattern hence till NIFTY sustain itself 17200-17250 we can buy the dips, on the other hand we can see a big fall if NIFTY breaks the neckline hence keep watching everyone

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